March 17, 2020 archive

Completion reports for March 17, 2020

Completion reports filed on March 17, 2020. CADDO COUNTY Territory Resources Llc 3 5N 9W Town Of Cement 1-3, October 16, 2019 SH, DRY, TD: 7800 ft Lat: 34.93105, Long: -98.14138 API: 35015219860001 CARTER COUNTY Continental Resources Inc Woodford(12853): Oil 91 Gas 3240 Water 4567 Flow 16 2S 2W Wagner 1-17xhw, November 23, 2019 HH, GAS, TD: 18388 ft Lat: 34.37673, Long: …

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Permits to drill for March 17, 2020

Permits to drill issued on March 17, 2020. Blaine County HAIGLER #1-4H, August 23 2019 04 17N 12W SWSESESE API: 01123641 Lat: 35.97190610299016, Long: -98.47757544418893 COUNCIL OAK RESOURCES LLC HH, AM, 14445 ft, MORROW SAND(8717), MISSISSIPPIAN(9818) Kay County SWEETWATER CREEK #1-19, March 17 2020 19 28N 4E SENWNWSE API: 07124885 Lat: 36.88956031615724, Long: -96.91248534911998 MAVERICK BROTHERS RESOURCES …

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WTI finishes at lowest mark in four years

    As Saudi Arabia instructs Aramco to boost oil production levels to unseen levels, crude oil prices have tumbled to prices not seen since 2016 in the U.S. West Texas Intermediate crude, set at the tank storage facilities in Cushing, Oklahoma, dropped $1.75 to $26.95 per barrel. Brent Crude in London fell $1.23 to …

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WPX Energy cuts spending 25% over falling oil prices

Tulsa’s WPX Energy says it’s cutting its 2020 spending by $400 million or 25% as oil prices continued to fall because of a lack of demand and the impact of the coronavirus. Company leadership says it has the flexibility to cut more if necessary. “We will continue to assess the market and adjust our activity …

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State urges ‘online’ application for jobless benefits

In order to help stop the spread of the coronavirus, the Oklahoma Employment Security Commission (OESC) is encouraging claimants to use the internet to file Unemployment Insurance claims. Information about Oklahoma’s Unemployment Insurance system can be found on the agency website at: https://www.ok.gov/oesc/.  In addition to online claim filing, the website contains other information, such as …

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All Oklahoma military sites fall under expanded toxic chemical probe

  Every military installation in Oklahoma now falls under an expanded site list from the Defense Department as it investigates more than 650 sites with suspected contamination from toxic “forever chemicals” used for decades in military firefighting foam. And it includes National Guard facilities at Oklahoma City’s Will Rogers World Airport and the Tulsa International …

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Inhofe and other GOP Senators ask Saudis to end oil price war

  Oklahoma U.S. Sen. Jim Inhofe is one of 13 Republican Senators who wrote Saudi Crown Prince Mohammed bin Salman this week urging him to take action to cool tensions in the oil market when at the same time, the world economy is battered by the coronavirus.   “It was greatly concerning to see guidance …

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Rural Colorado counties sue state over new oil/gas regs

Nine counties in Colorado have sued the state over its new oil and gas air-quality rules, claiming the rules unfairly impact rural areas including the western part of Colorado. The counties are suing the Air Quality Control Commission, Air Pollution Control Division and Colorado Department of Public Health and Environment over rules the commission adopted …

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Energy news in brief

** Rosgeologia’s seismic surveys and other related work since the 70s to now indicate that there is at least 513 billion barrels of oil and gas equivalent in Antarctica, and Moscow has now set its sights on the world’s most underexplored continent. ** A Chicago City Council committee approves an ordinance requiring certain new commercial and residential buildings to …

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Dividend declared by NGL Energy Partners

Tulsa-based NGL Energy Partners LP  announced Monday that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2020 to be paid to the holders of some of the Partnership’s preferred units. The dividend will be paid to holders of the 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable …

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